Re: Miners are alive If BTC reach to $3000 ? And Is it possible ?
In the bear market BTC price not stable and Most of Trading Analysis are predict BTC will reach $3k according to the theory of market cycle. I have more doubt If BTC reaches $3000 Miners are alive 
- BTC Reach $3k I guess most of the mining farms will be stopped. Is it possible to maintain mining forms at the market situation (BTC at $3K) ?
- When Miners are reducing in BTC blockchain what will happen for the transaction?
- Can we expect BTC going down to $3k Is it possible according to TA and Do we need to trust TA?
All Discussion are warmly welcome
They aren't even profitable on the current price of bitcoin which is on $6500 plus and miners would turn out to be profitable if it would hits up 10k usd mark not to include to those miners who do have cheaper electricity with large mining farms.- BTC Reach $3k I guess most of the mining farms will be stopped. Is it possible to maintain mining forms at the market situation (BTC at $3K) ?
- When Miners are reducing in BTC blockchain what will happen for the transaction?
- Can we expect BTC going down to $3k Is it possible according to TA and Do we need to trust TA?
All Discussion are warmly welcome
On your second question what if miners decreased? Expect to have slower confirmation of transactions.
3rd question, if btc would hit down to 3k then we cant do anything about it and also not all TA analysis is accurate. So bear with the current market condition.